BISE shareholders consider IPO plans

"Negotiations are in progress. The shareholders are considering all the pros and cons. Due to obvious reasons, I cannot reveal even the estimated value of the planned share issue. The target remains unchanged," revealed BISE president, Wlodzimierz Grudzinski. According to analysts the weakest point of the IPO could be the poorly recognized brand name, unknown strategy and the potential of the quite complicated offer. There are already 10 entities listed on the WSE from the same sector, representing each segment: retail and business services. If the shareholders agree to the plan on June 23, then the bank could conduct the IPO in Q1 next year. (Puls Biznesu, pp. 1, 4) A.K.